In business, it is important for companies to be aware of competition policy. Which of the following categories of practices has not been identified by the OFT as being overly anti- competitive?

Question

Quizplus · Accepted Answer

Price skimming is a pricing strategy often used for new products or services to maximize profits by initially setting high prices before lowering them over time. It is not typically identified as anti-competitive by the Office of Fair Trading (OFT) or similar regulatory bodies, unlike practices such as predatory pricing or charging excessively high prices, which can harm competition and consumer interests.

In Business, It Is Important for Companies to Be Aware